In 2023, Norway dominated the European market for fresh king crabs and squat-lobsters with a value of 38.479 million euros. Spain (0.08419 million euros) and Denmark (0.00511 million euros) followed, reflecting smaller market shares. Notably, Denmark experienced a significant growth surge of 107.54%, while Sweden posted a 7.45% increase. In contrast, Portugal faced a complete withdrawal with a 100% decline, and France reduced by 40.38%. The longer-term trend indicates variable growth, with Denmark and Sweden demonstrating promising trends.
Looking ahead, attention should be directed towards sustainability practices and technological innovations in fisheries, which may foster growth, along with potential regulatory shifts impacting production and trade within the European Union. Variability in market prices and production levels could continue as critical factors influencing individual country contributions.
Top countries in Fresh King Crabs, Squat-lobsters Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 38,479,000 | 2023 | +2.66% | -0.87% | View data |
| 2 | 2 Spain | 84,190 | 2023 | +29.9% | -0.77% | View data |
| 3 | 3 Denmark | 5,110 | 2023 | +50.15% | +107.54% | View data |
| 4 | 4 Sweden | 4,240 | 2023 | -9.25% | +7.45% | View data |
| 5 | 5 Portugal | 3,790 | 2023 | View data | ||
| 6 | 6 France | 3,570 | 2023 | -72.57% | -40.38% | View data |
